PEARSON PLC

Ticker: PSO CUSIP: 705015105 Class: ADR

STATE OF MICHIGAN RETIREMENT SYSTEM's Holding History (CIK: 0000762152)

Note: Option positions (PUT/CALL) are excluded.

Q2 2017
Shares 941,000 Value ($000) $8,441 Avg Close — Range —
Q1 2017
Shares 1,061,600 Value ($000) $9,002 Avg Close — Range —
Q4 2016
Shares 1,040,100 Value ($000) $10,391 Avg Close — Range —
Q3 2016
Shares 1,027,200 Value ($000) $10,056 Avg Close — Range —
Q2 2016
Shares 1,025,100 Value ($000) $13,316 Avg Close — Range —
Q1 2016
Shares 1,013,300 Value ($000) $12,707 Avg Close — Range —
Q4 2015
Shares 1,005,500 Value ($000) $10,839 Avg Close — Range —
Q3 2015
Shares 887,800 Value ($000) $15,235 Avg Close — Range —
Q2 2015
Shares 1,102,200 Value ($000) $20,898 Avg Close — Range —
Q1 2015
Shares 1,099,100 Value ($000) $23,752 Avg Close — Range —
Q4 2014
Shares 1,392,200 Value ($000) $25,686 Avg Close — Range —
Q3 2014
Shares 1,385,200 Value ($000) $27,732 Avg Close — Range —
Q2 2014
Shares 1,386,900 Value ($000) $27,474 Avg Close — Range —
Q1 2014
Shares 1,320,500 Value ($000) $23,518 Avg Close — Range —
Q4 2013
Shares 1,093,500 Value ($000) $24,494 Avg Close — Range —
Q3 2013
Shares 1,143,000 Value ($000) $23,249 Avg Close — Range —
Q2 2013
Shares 1,143,000 Value ($000) $20,471 Avg Close — Range —